Huobi, Binance, and OKX rank among the top three global cryptocurrency exchanges for Bitcoin and other digital assets. These platforms generate substantial revenue, primarily through trading fees—typically around 0.2% per transaction. For every $1,000 traded, users pay $2 in fees. While this seems nominal, high-frequency traders and institutions contribute significantly to these cumulative fees.
Fortunately, exchanges offer tools like point cards to reduce costs. Many users remain unaware of point cards or their benefits. Here’s a breakdown of how Huobi Point Cards work:
Key Benefits of Huobi Point Cards
1. Point Cards Offset Trading Fees
If your account holds point cards, Huobi automatically deducts fees from your point balance instead of your USDT funds.
- 1 Point Card = 1 USDT-equivalent fee.
- Example: A $1 fee consumes 1 point card (valued at ~$0.5 in secondary markets), effectively halving your costs.
- For non-USDT fees (e.g., EOS), the system converts the amount to USDT and deducts points accordingly.
👉 Learn how to maximize point card savings
2. Point Cards Reduce Leverage Interest
Point cards can offset interest on margin loans. However, they cannot be used for early repayments.
- 1 Point Card = 1 USDT-equivalent interest.
- Example: Borrowing 17,000 USDT for 3 days at 0.1% interest incurs a $51 fee. Point cards deduct 51 points instead of USDT.
3. Cost of Point Cards
- Official Huobi price: 0.8 USDT per point (20% discount).
- Secondary markets (e.g., user resales): ~0.5 USDT per point (50% discount).
How to Acquire Point Cards Safely
Huobi’s built-in Point Card Transfer System allows secure peer-to-peer transactions via the website or app:
- Navigate to "My Point Cards".
- Initiate a transfer request.
⚠️ Avoid unofficial sellers to prevent scams.
Alternative Fee-Reduction Strategies
1. Referral Rebates
- Exchanges offer ~30% fee rebates for inviting new users.
- Pro tip: Use a secondary account (invited by your main account) to trade and earn rebates.
2. Partner Programs
- Huobi’s Super Partner and OKX’s Global Partner programs provide 30–35%+ rebates.
👉 Explore advanced rebate strategies
FAQs
Q1: Are point cards transferable between users?
A: Yes, via Huobi’s official transfer system.
Q2: Can point cards expire?
A: Typically, no—but check Huobi’s latest policies.
Q3: How do I check my point card balance?
A: Go to "My Point Cards" in your account dashboard.
Q4: Is there a limit to how many point cards I can use?
A: No, but ensure your balance covers anticipated fees.
Q5: Do other exchanges offer similar point systems?
A: Yes, but terms vary. Compare platforms for optimal savings.